Ajay Devgan holds 1.34% stake: Panorama Studios International Expands Airborne Rights Portfolio via Subsidiary

Panorama Studios International Limited has announced that its subsidiary, Panorama Studios Inflight LLP, has successfully entered into multiple assignment agreements to secure exclusive global airborne rights for several cinematographic films. These disclosures, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, grant the company the authority to exploit these titles for in-flight entertainment audiences worldwide, including within India. This strategic move highlights the company's focus on diversifying its distribution channels and capturing the niche but valuable airborne market.

The newly acquired titles feature a variety of prominent talent and directorial visions. Among the agreements is a deal with Visionaire Mumbai Pune Films Entertainment LLP for the film Asambhav, directed by Sachit Patil and starring himself alongside Mukta Barve and Priya Bapat. Additionally, the company secured rights for Kaisi Ye Paheli from Take Pictures, a film directed by Ananyabrata Chakravorty featuring Sukant Goel, Sadhana Singh and Rajit Kapoor. These acquisitions broaden the subsidiary's content library with a mix of regional and diverse storytelling.

Further strengthening its portfolio, Panorama Studios Inflight has executed agreements for Bin Lagnachi Goshta with S N Productions LLP and Like Aani Subscribe with Nitin Vaidya Productions LLP and Abhishek Merukar Productions LLP. The former, directed by Aditya Ingale, features a seasoned cast including Umesh Kamat and Priya Bapat, while the latter is an Abhishek Merukar directorial starring Amey Wagh and Amruta Khanvilkar. By securing these exclusive rights, Panorama Studios continues to position itself as a key player in providing high-quality cinematic content for international and domestic travellers.

About the Company

Incorporated in 1980, Panorama Studios International Ltd is a major player in the Indian media and entertainment industry. This diversified film studio focuses on the production and distribution of media entertainment and content. Throughout its history, Panorama Studios has garnered commercial success and critical acclaim for films like Omkara, Special 26, Drishyam and Singham.

The company has a market cap of over Rs 1,100 crore and has delivered good profit growth of 57 per cent CAGR over the last 5 years. The stock gave multibagger returns of 475 per cent in 3 years and a whopping 2,000 per cent in 5 years. The shares of the company have an ROE of 26 per cent and an ROCE of 27 per cent. A Bollywood actor, Ajay Devgn, holds a 1.34 per cent stake in the company as of December 2025.

Disclaimer: The article is for informational purposes only and not investment advice.